


When in trouble, emergency response and finding a port of refuge can be challenging. However, regulation, safety management systems and salvage capabilities appear to have not always kept pace.” “As vessels have grown larger, values at risk have increased, while the environmental bar has been raised. “A number of recurring themes have emerged in major incidents in recent years, many of which are a consequence of the increased size of vessels,” says Justus Heinrich, Global Product Leader Marine Hull at AGCS. Meanwhile, the large container ship Ever Forward ran aground in Chesapeake Bay on the US Eastern Seaboard, and was stuck for over a month, almost a year to the day after its sister vessel the Ever Given ran aground and blocked the Suez Canal for six days in March 2021.

Just a few weeks after the sinking of the Felicity Ace in March 2022, ro-ro car carrier Al Salmy 6 capsized and sank in the Persian Gulf in rough seas. In the past year alone, fires on board the car carrier Felicity Ace and container ship X-Press Pearl both resulted in total losses. While the number of serious shipping accidents worldwide has declined over the long-term, incidents involving large vessels – namely container ships and roll-on roll-off (ro-ro) car carriers – are resulting in disproportionately high losses.
